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The issue of water needs for shale resource development has largely focused on public concern about possible constraints on water supplies, particularly in areas suffering from drought. -
The Statoil executive speaks about SPE's main challenges in meeting the needs of a growing global membership, his chief goals as president, and what fuels his passion.
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The growth in unconventionals production and the spotlight on hydraulic fracturing have heightened public concern about oil and gas industry operations and raised the stakes for those working in the industry.
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Every year, JPT surveys its readership to help determine future coverage and to ensure that it is fulfilling its mission.
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Global oil production, consumption, and prices have remained largely stable in recent years, but several trends in the world supply/demand balance are evident in BP’s Statistical Review of World Energy 2014.
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Both international and national oil and gas companies are putting tighter reins on capital spending this year, which is not only affecting merger and acquisition activity but could also impact expensive deepwater projects and total global oil supply growth.
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New energy legislation in Mexico offers significant exploration and production (E&P) investment opportunities and also promises to transform Mexican state oil company Pemex, said participants at one of several special sessions at OTC Asia focusing on individual countries.
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The opening of Mexico’s energy sector to private foreign investment continues to move forward, with more details of the landmark legislation expected soon.
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After months of speculation, development of one of the world’s most promising shale plays, Argentina’s Vaca Muerta field, is entering a new phase and attracting strong interest from supermajors.
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Several years into the “shale revolution,” progress remains confined largely to North America.
